Conditions for receiving our credits
We understand that finding the right loan can be stressful and complicated, which is why we are committed to making the process simple and transparent for you.
OFFER CONDITIONS
The standard conditions of a credit offer can vary depending on the type of credit and the financial institution. However, here are some general conditions that are often associated with a credit offer:
01.
Interest rate:
The interest rate is the cost of credit, expressed as a percentage of the amount borrowed. This rate can be fixed or variable, and it can vary depending on the loan term and the risk associated with the credit application.
02.
Fees:
The financial institution may charge fees for obtaining credit, such as application fees, credit origination fees, or guarantee fees.
03.
Loan term:
The loan term is the period during which you will have to repay the loan. This period can vary depending on the amount borrowed and the type of credit requested.
04.
Collateral:
The financial institution may request collateral for the repayment of the loan, such as a mortgage on real estate, a surety bond, or insurance.
05.
Repayment conditions:
Loan repayment terms may vary depending on the type of loan. For example, for a consumer loan, repayments can be monthly with a repayment term ranging from 12 to 84 months. For a mortgage, repayments can be monthly with a repayment term of up to 30 years.